Overview of COBIT5 and Impact on Local Content for IT By Mrs Tokunbo Martins Director Banking Supervision (Central Bank of Nigeria)

About ISACA Overview About COBIT5 COBIT5 and The Local Content Initiative Effective National Adoption

About ISACA  A non-profit making association of:  IT Audit and Assurance professionals  IT Security professionals  IT Risk & Compliance professionals  IT Governance professionals  Nearly all industry categories: financial, public accounting, government/public sector, technology, healthcare, utilities and manufacturing

About COBIT5 COBIT 5 is a framework for the Governance and management of Enterprise IT. It is the globally accepted framework, providing an end-to-end business view of the governance of enterprise IT that reflects the central role of information and technology in creating value for enterprises. COBIT 5 brings together the five principles that allow the enterprise to build an effective governance and management framework based on a holistic set of seven enablers that optimises information and technology investment and use for the benefit of stakeholders..

About COBIT5 COBIT 5 integrates other major frameworks, standards and resources, including: ISACA’s Val IT and Risk IT, Information Technology Infrastructure Library (ITIL®). PRINCE2 CMM1 Related standards from the International Organization for Standardization (ISO). ISO27001, ISO38001, ISO14001, ISO9001 etc. The framework addresses both business and IT functional areas across an enterprise and considers the IT-related interests of internal and external stakeholders

COBIT5 Benefits Affords enterprises the ability to:  Maintain high-quality information to support sound business decisions  Achieve strategic goals and realize benefits through effective use of IT  Achieve operational excellence through reliable application of technology  Maintain IT-related risk  Optimize cost of IT service and technology  Support compliance with relevant laws and policies

COBIT5 Principles

Perspectives  The position of the IT Industry in Nigeria Vs Global trend  IT market and investment opportunities  Challenges of Local IT firms.  Governance  Funding  Compliance  System design and implementation management.  Competence management The Local Content Initiative COBIT5 ISVSDFODMOEMISPPSF Governance & Management

Effective National Adoption AdoptionRoadmap Implementation by Stakeholders

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